|
Feb 14, 2000
Kvaerner Plc has agreed to sell its maritime and technology unit Kvaerner Maritime for $15.9 million in cash. Separately, the group will also sell its Fjellstrand shipyards in Norway for $12.
|
|
Feb 14, 2000
Shipyard operator SembCorp Marine Ltd. posted a 9.6 percent rise in 1999 net profit to $46.5 million and expects to maintain profitability this year.
SembCorp,
|
|
Feb 14, 2000
South Korea’s major shipping companies benefited in 1999 from freight rate hikes and lower foreign debt service costs resulting from the won’s surge against the dollar, analysts said.
|
|
Feb 14, 2000
Insurers should control the ship safety classification process in the light of weaknesses exposed by the Erika’s loss, a senior tanker broker said. Insurance companies
|
|
Feb 14, 2000
Officials of Italian ship safety inspector RINA, which approved the tanker Erika as safe before it sank off France in December, testified to an international inquiry into the disaster,
|